Edmodo Closes $25M Series C Funding
Summary
Edmodo, a San Mateo, CA-based provider of a K-12 social learning network, has closed a $25m Series C funding.The round was led by new investor New Enterprise Associates, with participation from existing investors Greylock Partners, Benchmark Capital, Union Square Ventures, and Learn Capital.In conjunction with the funding, NEA General Partner Tony Florence has joined Edmodo’s board.Led by Nic Borg, CEO and co-founder, Edmodo provides a tool for teachers and students to connect with each other to share content and access homework, grades and school notices.It is accessible from any Internet-enabled device and is free for teachers and students.
Funding
Amount
$25.0M
Total raised
Date
July 19, 2012
Announcement date
Investors
Edmodo, Glynn Capital Management, New Enterprise Associates, New Enterprise Associates (NEA), Greylock, Learn Capital, Union Square Ventures, Benchmark
Lead investors
Company
http://www.edmodo.com
Funded company
Classifications
industries
EduTech - institutions
applications
EduTech - learning
AskAI Classifications
Labels
No AI classifications detected